Abstract
El artículo discute los fundamentos y los límites de la política monetaria convencional que estuvo vigente hasta la Gran Recesión, se analizan los elementos principales de la política monetaria no convencional (política de tasa de interés cero, flexibilización cuantitativa y forward guidance) implementada por la Fed desde el inicio de la Gran Recesión y concluimos que la nueva política monetaria no ha inducido una senda de crecimiento sostenido.
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